Movement Alert｜MINIMAX-W Falls 4.58% in Regular Trading, Recent Pullback Follows Earlier AI Model Rally

Market Focus10-26 09:33

On October 26, MINIMAX-W fell 4.58% in regular trading, with the stock trading at HK$181.8 and turnover of HK$112 million.

Recent public developments around the company have centered on its M3.1 Flash model launch and subsequent open-source release, but the latest market update described the move as more consistent with a sector pullback in AI model names rather than a fresh company-specific catalyst.

Earlier disclosures showed M3.1 Flash improved inference speed by nearly three times and reduced usage costs by 70%, while handling more than 100 trillion tokens within three days of launch. Broker commentary had also highlighted competitive pricing and cost advantages in agent-related tasks, helping fuel prior gains in the shares before the current weakness emerged.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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